IT Consulting & Software company Oracle Financial Services Software announced Q1FY26 results Revenue was Rs 1,852 crore, up 6% YoY. Operating income was Rs 833 crore, up 1% YoY. Net income was Rs 642 crore, up 4% YoY. Products business posted revenue of Rs 1,674 crore, up 5% YoY. Services business posted revenue of Rs 178 crore, up 22% YoY. Makarand Padalkar, Managing Director & Chief Executive Officer, Oracle Financial Services Software, said: “Driven by strong cloud wins, our revenues grew 6% YoY, and 8% on a QoQ basis.” “We offer compelling solutions for financial institutions and see a robust pipeline for our product lines from both emerging and developed markets.” Avadhut Ketkar, Chief Financial Officer, Oracle Financial Services Software, said: “We have maintained consistency in the performance posting a healthy quarter.” “Our Remaining Performance Obligations as of June 30, 2025, are Rs 6,327 crore. The operating margin was 45% and net margin was 35% for the quarter. On a QoQ basis, operating income grew by 10%. Our accounts receivables are healthy, with the Days of Sales Outstanding (DSO) of 62 days.” Result PDF
IT Consulting & Software company Persistent Systems announced Q1FY26 results Revenue: Rs 33,335.9 million, change 21.8% YoY. EBIT: Rs 5,178.1 million, change 34.8% YoY. PBT: Rs 5,554.1 million, change 38.7% YoY. PAT: Rs 4,249.4 million, change 38.7% YoY. Sandeep Kalra,Chief Executive Officer and Executive Director, Persistent, said: “We delivered our 21st sequential quarter of revenue growth, up 3.9% QoQ and 18.8% YoY, while sustaining operating margins in a challenging macroeconomic environment. This performance reflects the strength of our AI-led, platform-driven strategy, focus on customer value creation, and our ability to unlock measurable outcomes. Our innovation-led execution and sharp focus on talent continue to drive momentum. This has earned us recognition as a Leader in the ISG Provider Lens™ 2025 for Digital Engineering Services and in the Everest Group Talent Readiness for Next-Gen Application Services PEAK Matrix® Assessment 2025. We are also proud to achieve top rankings in Extel’s Asia Executive Team survey for Investor Relations and stakeholder trust. As we look ahead, we remain committed to delivering long-term growth for all stakeholders.” Result PDF